Smithston
Member
- Joined
- Nov 23, 2016
- Messages
- 43
- Reaction score
- 29
- Points
- 18
- Age
- 53
- Location
- Newcastle
- Members Ride
- Vt ss 5.0
There has been a lot of talk about whether SS Commies are going to rise in value.
Time to share some info which may help answer the question and probably also have huge holes in logic which will be exposed. For what its worth have a read if its interesting to you. Apologies for the length
We know VNs are asking big dollars and have been for some time
But now, asking prices for the three VT SS on carsales: 9800, 15000 and 16000. Whether they will get that much is debatable but 4 years ago nobody was asking more than 5k.
I know i have been tracking aversge asking prices for 5lt VTSS on a graph since 2015. I own one so i was interested but i think the same findings would be true for all your V8 SS so sm posting for all. No doubt the special ones (eg HSV) will show even better results.
I got interested then to see what would happen post close of production.
For the other geeks and maths teachers out there the equation that fits the data from december 2015 to december 2019 is this:
Y = 119.2x + 4979
This means in 2015 the average asking price was 4979
If you stayed awake during maths you might recall the graph y = mx + b. B is the reading or average value at dec 2015 when i started recording. M is the gradient... the rise in value for every unit of time
I have recorded the average asking price on carsales for 5.0lt vt ss 34 times in 4 years. That's about once every 42 days.
So every 40 days the asking price has increased by $119.2
If you want to get exact it works out at $2.78 increase in asking price every day
Who ever thought maths would actually be useful.
It all depends on whether asking prices on carsales are any indication of value. I think people generally ask too much but even if you halved the asking prices over the past 4 years you would still find the same trend
And its not just for the VT.
I also graphed the EL XR8 as my bro has one. Similar equation....
Y = 137.49 × 6816
Same thing. Going up consistently over the past 4 years.
For both, most of the increase had been in the past 2 years.
Time to share some info which may help answer the question and probably also have huge holes in logic which will be exposed. For what its worth have a read if its interesting to you. Apologies for the length
We know VNs are asking big dollars and have been for some time
But now, asking prices for the three VT SS on carsales: 9800, 15000 and 16000. Whether they will get that much is debatable but 4 years ago nobody was asking more than 5k.
I know i have been tracking aversge asking prices for 5lt VTSS on a graph since 2015. I own one so i was interested but i think the same findings would be true for all your V8 SS so sm posting for all. No doubt the special ones (eg HSV) will show even better results.
I got interested then to see what would happen post close of production.
For the other geeks and maths teachers out there the equation that fits the data from december 2015 to december 2019 is this:
Y = 119.2x + 4979
This means in 2015 the average asking price was 4979
If you stayed awake during maths you might recall the graph y = mx + b. B is the reading or average value at dec 2015 when i started recording. M is the gradient... the rise in value for every unit of time
I have recorded the average asking price on carsales for 5.0lt vt ss 34 times in 4 years. That's about once every 42 days.
So every 40 days the asking price has increased by $119.2
If you want to get exact it works out at $2.78 increase in asking price every day
Who ever thought maths would actually be useful.
It all depends on whether asking prices on carsales are any indication of value. I think people generally ask too much but even if you halved the asking prices over the past 4 years you would still find the same trend
And its not just for the VT.
I also graphed the EL XR8 as my bro has one. Similar equation....
Y = 137.49 × 6816
Same thing. Going up consistently over the past 4 years.
For both, most of the increase had been in the past 2 years.